Business
Project Update
Project Update.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\n\n8 January 2013\n\n Premier African Minerals Limited (`Premier' or `the Company') \n\n Completion of drilling at RHA Tungsten Project and Katete REE Project Update \n\nPremier African Minerals Limited, the AIM traded, multi-commodity natural\nresource company with mineral projects located in Western and Southern Africa,\nprovides an update on the recently completed drilling programme at the RHA\nTungsten Project (`RHA'), Zimbabwe, in which Premier has a 49 per cent\ninterest.\n\nRHA Tungsten Project\n\nThe additional drilling of Lode 2A, as recommended in the Preliminary Economic\nAssessment (see announcements dated 28 August 2013 and 2 December 2013), was\ncompleted on 18 December 2013. Twelve inclined diamond drill holes totalling\n1,300.7m were completed. Geological logging is complete and cutting and\nsampling of the mineralised intersections is progressing well.\n\nQuartz veins with visible tungsten mineralisation in the form of coarse grained\nwolframite (Fe Mn) WO4 have been intersected in all the holes and core logging\nindicates a correlation with previously identified and assayed mineralisation\nintersections in previous drilling. Once assays are available, the RHA\ngeological model and resource statement will be updated.\n\nTable 1Summary of Diamond Drilling completed at RHA\n\nBorehole No Angle (-deg) End of hole Mineralised veins noted \n (m) between (m): \n \n From To \n \nDD07 70 124.70 38.35 123.38 \n \nDD08 65 140.00 72.60 138.85 \n \nDD09 60 170.00 56.32 157.86 \n \nDD10 45 130.00 59.59 123.07 \n \nDD11 60 160.00 52.20 136.48 \n \nDD12 45 100.00 38.81 96.75 \n \nDD13 65 136.00 38.09 128.49 \n \nDD14 45 60.00 38.11 52.55 \n \nDD15 65 115.00 14.94 107.39 \n \nDD16 45 45.00 32.46 34.96 \n \nDD17 45 60.00 23.46 59.01 \n \nDD18 45 60.00 40.32 59.71 \n \nTotal Meters 1,300.7 \n\nSGS South Africa has been commissioned to undertake mineralogical and\nmetallurgical test work on the drill samples obtained from Lode 2A. This work\nwill be used to refine the metallurgical design and to further the finalisation\nof the off-take agreement (see announcement dated 2 December 2013).\n\nKatete Rare Earth Elements (`REE')Project\n\nThe Katete REE Project (`Katete'), in Zimbabwe, which hosts a large\nmulti-phased REE enriched carbonatite complex e...